The U.S. retail sector is undergoing a major shift. By 2025, nearly 15,000 stores are expected to close—double last year’s count—marking a record-breaking wave of closures. Dubbed the “Retail Apocalypse,” this transformation is driven by inflation, rising labor costs, digital disruption, over-expansion, and changing consumer habits favoring price and convenience. The shift is deep and lasting, not just a passing trend.
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